THE SOUTH Korean city of Yong-In announced in July that it had awarded a 35-year build-transfer-operate concession for an 18·5 km automated light metro linking the Seoul metro with Yong-In and the Everland theme park (RG 2.02 p66).
The 15 station double-track light metro will be built by the Yong-In LRT consortium of Bombardier, Daelim Industrial Co, Hanil Engineering & Construction Co, Korea Development Co, Hanjin Heavy Industries Co and Iljin Electric Co. The line will be operated by a fleet of 30 driverless vehicles under the supervision of Bombardier’s Cityflo 650 automatic train control.
The contract for the five-year design and build portion of the concession is valued at US$600m. For this phase, Daelim Industrial Co is co-leading the concession with Bombardier, which has a US$200m share of the contract. The separate operations and maintenance contract was awarded solely to Bombardier. It is worth US$120m over the first 10 years, with options for four further five-year terms totalling US$294m.